Portnoy Law Firm Announces Class Action on Behalf of C3.ai, Inc. Investors
C3.aiC3.ai(US:AI) Globenewswire·2025-10-09 18:38

Core Viewpoint - C3.ai, Inc. is facing a class action lawsuit due to disappointing financial results and lowered revenue guidance, which has significantly impacted its stock price [1][3]. Financial Performance - On August 8, 2025, C3.ai announced preliminary financial results for Q1 of fiscal 2026 that were below expectations, leading to a reduction in revenue guidance for the full fiscal year 2026 [3]. - The company's stock price dropped by $5.66 per share, or 25.58%, closing at $16.47 per share on August 11, 2025, following the announcement [3]. Management Issues - The poor sales results and lowered guidance were attributed to a reorganization with new leadership and health issues affecting the Chief Executive Officer [3]. Legal Actions - The Portnoy Law Firm is advising investors who purchased C3.ai securities between February 26, 2025, and August 8, 2025, to consider filing a lead plaintiff motion by October 21, 2025 [1]. - Investors are encouraged to contact the law firm for a complimentary case evaluation regarding their legal rights and options for recovering losses [2].

Portnoy Law Firm Announces Class Action on Behalf of C3.ai, Inc. Investors - Reportify